But there are successful apps like torrents and crypto currency. Bitcoin was extremely successful, and revolutionary. There are also successful enterprise decentralized apps.
And further, for example, bitcoin was created by someone, but it does not, and cannot, belong to anyone now.
So you would have to come up with a new, good, and stable, business model, revolutionary even. And also a good federated model for content discovery, to unify the user experience, or community.